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Trifecta — Select three horses to finish 1st, 2nd and 3rd in exact order. Superfecta — Select four horses to finish 1st, 2nd, 3rd and 4th in exact order. For example, in an exacta box you will be selecting the top-two finishers in the race.
For a trifecta box you select the top-three, and in a superfecta box you will select the top-four finishers. The field of contenders will be assigned early odds on the Wednesday following the post draw, which determines which gate each horse starts in. Please note that the odds for the Preakness Stakes will fluctuate slightly as action begins to come in. Once you have placed your wager, the odds at that time will become locked for that particular bet.
There are several options for those wondering how to bet the Preakness Stakes this coming spring. You can bet at Pimlico Racecourse using their betting windows or their amazing kiosks. The tellers at the window are great at walking through and explaining all the options available to you, while the kiosks allow for a seamless way to place a wager on any of the race day events. You can head to the Apple Store or the Android portal to download the free Twinspires. It offers all the functionality of our desktop site, but gives you the freedom to bet on the Preakness Stakes on the go.
All wagering options are available through our desktop and mobile platforms. Get in on the action today! Follow us for the latest news, updates, and contests: Submit. Most betting sites offer each odds option. We use the American style here at Odds Shark. Step 2: Enter the amount of money you wish to bet. Our calculator will take care of the rest. There are three methods of stating odds that most bookmakers and websites support. Implied Probability is also useful when evaluating a bet or checking how likely an outcome is.
Decimals quote the potential return should the bet succeed, relative to the stake. Used mostly in the United Kingdom and Ireland, fractions quote the potential profit should the bet succeed, relative to the stake. Odds correlate to probability. The moneyline is one of the most common bets. This is a straight-up bet. All you need to do is pick the winning team. The odds would look something like this:. The amount that is set by the oddsmakers is based on how they foresee a game unfolding from a scoring perspective.
If you believe the combined score for both teams will be points or more, you would bet the OVER. For point spread bets , the oddsmaker adjusts the line so that the underdog gets an advantage. You would enter in the American Odds section if you believe Boston will cover or enter in the American Odds section if you think New York will cover.
If you bet on the Knicks, then they would have to win by four points or more. If you bet on the Celtics, they would need to win outright or lose by three points or less for you to win your bet. Prop betting is a wager based on occurrences or non-occurrences during a game or season.
Props are what we call novelty bets because they can consist of individual player or team milestones, and will appear like so at betting sites:. If he scores more, your bet loses. Our odds calculator can compute just about everything, including live betting. And Fractional odds are the ratio of the amount of money profit won to the amount of money wagered.